Corporate Board articles from January 2002

Corporate Board archives from January 2002

Assessing Board Performance: 10 Key Factors.(Statistical Data Included)
January 1, 2002... Assessing board and director performance has become a "must" for good governance over the past decade. However, as more boards take on the practicalities of evaluation, new issues arise. Why do we really want to assess our board? What...

Smart Antitrust Compliance Programs.
January 1, 2002... Whether it is Microsoft in the U.S., or General Electric in Europe, antitrust issues can have a devastating impact on any corporation. Companies that would never consider themselves "monopolies" still face massive liabilities for obscure...

Class Action Reform: What Went Wrong?(Private Securities Litigation Reform Act of 1995 )(Statistical Data Included)
January 1, 2002... When the federal Private Securities Litigation Reform Act of 1995 was passed, opponents warned that shareholder fraud would run rampant. Supporters expected welcome relief from dubious strike suits. After six years, it appears that litigation...

New Strategies for Nonqualified Benefits.(Statistical Data Included)
January 1, 2002... With the economy and stock markets going from overheated to underwhelming at breakneck speed, and the executive talent market wildly in flux, flexible pay and benefit plans are in demand as never before. Here is an update on how nonqualified...

Governance Challenges of Younger Companies.
January 1, 2002... The spectacular rise and fall of the 1990's tech market spawned a hothouse full of fast-growth young companies that must now mature in a market chill. Often it is hard to adapt. One area of weakness has been corporate governance. Some public...

More directors see the importance of good governance. (Boardroom Composition).(Brief Article)(Polling Data)(Statistical Data Included)
January 1, 2002... A growing number of directors of U.S. public companies are becoming advocates for greater board accountability and independence, favoring board and director evaluations, executive sessions and the establishment of independent compensation...

Good board pay policies result in good governance. (Compensation & Recruitment).(Brief Article)(Statistical Data Included)
January 1, 2002... Companies continue to implement board structures and pay programs commonly associated with good corporate governance, according to the Investor Responsibility Research Center study Board Practices/Board Pay 2001. Areas of significant...

"Parachutes" increasingly used to ease transition for displaced executives. (Pensions & Benefits).(report on compensation management)(Brief Article)(Statistical Data Included)
January 1, 2002... Thanks to the increasing use of "parachute" arrangements in the U.S., a senior executive whose employment is terminated as a result of a change in control today can expect a high level of support in the transition. According to a study of...

From boardroom to rank-and-file, best practices deliver higher shareholder returns. (Shareholders & Investors).(study finds)(Brief Article)(Statistical Data Included)
January 1, 2002... Stern Stewart & Co. and Hackett Benchmarking & Research, have produced a new Shareowner Alignment Index (SAI). This study uses empirical data to document the impact on shareholder value of the consistent use of best practices in management,...

What women want in business: power, money and influence. (Strategy & Finance).(Brief Article)
January 1, 2002... Corporate America may be surprised to learn what women want in today's business environment: the opportunity to take risks, a seat at the decision-making table and generous compensation for their performance. These are the results of a study,...

Ten years ago in the Corporate Board. (Retrospectives).(Brief Article)
January 1, 2002... Many board members may be offended at the media's portrayal of them as self-interested, inattentive or dominated by management when setting CEO pay. Since I myself am a member of a much-maligned profession, I understand that reaction. But the...

Five years ago in the Corporate Board. (Retrospectives).(Brief Article)
January 1, 2002... America's true leaders are much more likely to be the leaders of business, the nonprofit sector, religion, the arts or the media, rather than politicians. And it is these leaders from outside government--not the elected officials dominating the...

Spoken & Written: Articles & Speeches.
January 1, 2002... America's resilience is based on a series of seemingly irreconcilable opposites, tensions that America holds in perpetual creative balance: coherence and diversity, community and activism, strength and compassion, bravery and prudence, the...

Directors' Register: Recent Board Elections.
January 1, 2002... Accenture Ltd. has elected to its board Steven Ballmer, chief executive of Microsoft Corp., Dina Dublon, chief financial officer and executive vice president of J.P. Morgan Chase & Co., Robert Lipp, former chairman of Travelers Property...

Michael Useem: How wise CEOs Lead their Boards. (Conversations).(Leading Up)(Brief Article)(Interview)
January 1, 2002... The leadership role faced by any corporate chief executive typically involves afar-flung organization that demands both tactical and strategic control. Even more difficult is the CEO's task of "leading" the board of directors. The board is the...